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For seven weeks each summer, Elk Creek Ranch plays host to several dozen teenagers and descendents of the ranch's founding family, the Ridgway's. But there's always been talk about finding ways to do more with the ranch land, located less than an hour outside Cody, Wyoming.

Valles Caldera appears on the right as I top the rise coming down Hwy. 4, west of Los Alamos, N.M. For years, I've imagined cantering my horse across the sweeping, bowl-shaped meadow dotted with tree-topped lava domes, evidence of the area's past volcanic activity.